Fleximize

Fleximize

  • FOUNDING YEAR: 2013
    LOCATION:
    United Kingdom
    REGION:
    Suffolk
    Last Update:
    24 Jan, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Web-based loan lending platform for SMEs, traders, and brokers. Users can borrow up to £250,000 from Fleximize on an unsecured basis, and up to £500,000 on a secured basis.
MAIN CLIENTS:
Marketing Agency, Promotional Merchandise, Clothing Retailer
COMMENT
Fleximize grew its lending to SMEs by 132% to £40 million in between 2015 to 2016. Now, the company is looking to double in 2017 as it rolls out its new secured loan product.

PEOPLE

MEDICI analysts will analyze Fleximize soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
DATE OF LAST FUNDING:
Apr 2017
TOTAL FUNDING COMMENT:
The company planning to use the funds to increase its lending capacity towards its goal of lending over £100 million to SMEs by 2019.
DEBT FUNDING:
$20.36 Millions
LISTED:
NO
COMMENT:
Debt funding: $20.23 M (April 2017)

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